DIY estate plan blog
Dangers of Do It Yourself (DIY) Plans

DIY, or do-it-yourself, has become a common phrase in modern language. And while a DIY attitude may work well to foster creativity for daily life, when it comes to estate planning, DIY can cause devastating complications—which is the last thing you want your family to...

success for new years tips
Tips to Success In The New Year

With the turn of the calendar to a new year, millions of people are resolving to make positive changes. They're eager to develop new disciplines, forego bad habits, learn new skills, or take up new hobbies. But by the time February rolls around, enthusiasm for...

IRA Trust
Benefits of an IRA Trust

Preparing for the future is an important part of life. An Individual Retirement Account (IRA) is one very common financial investment that includes tax benefits to help people save for their golden years and pass on an inheritance to successive generations. But if plans haven't been...

holiday cheer
How to Spread Holiday Cheer All Year

Holidays are a time for joy, laughter, pretty lights, great decorations, and delicious food. We gather with friends and family, we connect with past acquaintances, we enjoy festivities and special events. And in the middle of all the activities that go along with holiday seasons,...

Guardianship
Establishing Guardianship

Each year as the holidays approach, we treasure the joy of celebrating with our extended relatives and our immediate family members. It's a time to reflect on the richness of family as we consider the past and look to the future. In order to assure...

estate plan importance
Importance of an Estate Plan

Estate planning is a strategic step to setting your finances and assets in order prior to incapacitation or death. Life has many unexpected turns along the way, and when we plan for them them in advance, it saves time, money and unnecessary headaches. The estate...

power of attorney blog
Dangers of an Outdated Power of Attorney

Having an updated Power Of Attorney (POA) is a vitally important component of estate planning. It is a common mistake for individuals to let their initial POA paperwork expire or become outdated, which can negatively affect the distribution of their inheritance. At Phelps Law, located...

arizona holiday christmas
Christmas Festivities in Phoenix

Christmas in the desert: can it really be that festive? We shout out a resounding "YES" to answer that question! Phoenix has a tremendous amount to offer when it comes to Yuletide festivities. Phelps Law, located in Gilbert and Scottsdale, is passionate about estate planning,...

benefits of exercise blog
Benefits of Exercise

We've all heard exercise can be beneficial to our whole being, but have we taken the time to understand or pay attention to how exercise improves our lives? Phelps Law believes in living well in the present, and we also believe in preparing for the...